Healthcare Analytics Market Size, Share & Trends Analysis Report By Type (Descriptive Analysis, Predictive Analysis), By Component (Software, Hardware), By Delivery Mode, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030
- Report ID: 978-1-68038-937-1
- Number of Pages: 150
- Format: Electronic (PDF)
- Historical Range: 2018 - 2022
- Industry: Healthcare
Market Segmentation
- Healthcare Analytics Type Outlook (Revenue, USD Million, 2018 - 2030)
- Descriptive Analysis
- Predictive Analysis
- Prescriptive Analysis
- Healthcare Analytics Component Outlook (Revenue, USD Million, 2018 - 2030)
- Software
- Hardware
- Services
- Healthcare Analytics Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)
- On-premises
- Web-hosted
- Cloud-based
- Healthcare Analytics Application Outlook (Revenue, USD Million, 2018 - 2030)
- Clinical
- Financial
- Operational and Administrative
- Healthcare Analytics End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Healthcare Payers
- Healthcare Providers
- Life Science Companies
- Healthcare Analytics Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- North America Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- North America Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- North America Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- North America Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- North America Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- U.S.
- U.S. Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- U.S. Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- U.S. Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- U.S. Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- U.S. Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- U.S. Healthcare Analytics Market, By Component
- Canada
- Canada Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Canada Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Canada Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Canada Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Canada Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Canada Healthcare Analytics Market, By Component
- North America Healthcare Analytics Market, By Component
- Europe
- Europe Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Europe Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Europe Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Europe Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Europe Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- UK
- UK Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- UK Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- UK Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- UK Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- UK Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- UK Healthcare Analytics Market, By Component
- Germany
- Germany Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Germany Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Germany Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Germany Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Germany Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Germany Healthcare Analytics Market, By Component
- France
- France Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- France Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- France Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- France Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- France Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- France Healthcare Analytics Market, By Component
- Italy
- Italy Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Italy Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Italy Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Italy Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Italy Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Italy Healthcare Analytics Market, By Component
- Spain
- Spain Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Spain Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Spain Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Spain Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Spain Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Spain Healthcare Analytics Market, By Component
- Europe Healthcare Analytics Market, By Component
- Asia Pacific
- Asia Pacific Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Asia Pacific Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Asia Pacific Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Asia Pacific Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Asia Pacific Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Japan
- Japan Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Japan Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Japan Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Japan Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Japan Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Japan Healthcare Analytics Market, By Component
- China
- China Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- China Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- China Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- China Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- China Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- China Healthcare Analytics Market, By Component
- India
- India Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- India Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- India Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- India Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- India Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- India Healthcare Analytics Market, By Component
- South Korea
- South Korea Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- South Korea Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- South Korea Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- South Korea Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- South Korea Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- South Korea Healthcare Analytics Market, By Component
- Asia Pacific Healthcare Analytics Market, By Component
- Latin America
- Latin America Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Latin America Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Latin America Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Latin America Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Latin America Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Brazil
- Brazil Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Brazil Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Brazil Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Brazil Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Brazil Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Brazil Healthcare Analytics Market, By Component
- Mexico
- Mexico Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Mexico Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Mexico Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Mexico Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Mexico Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Mexico Healthcare Analytics Market, By Component
- Argentina
- Argentina Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Argentina Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Argentina Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Argentina Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Argentina Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Argentina Healthcare Analytics Market, By Component
- Latin America Healthcare Analytics Market, By Component
- Middle East and Africa
- Middle East and Africa Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Middle East and Africa Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Middle East and Africa Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Middle East and Africa Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Middle East and Africa Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- South Africa
- South Africa Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- South Africa Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- South Africa Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- South Africa Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- South Africa Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- South Africa Healthcare Analytics Market, By Component
- Saudi Arabia
- Saudi Arabia Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Saudi Arabia Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Saudi Arabia Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Saudi Arabia Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Saudi Arabia Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Saudi Arabia Healthcare Analytics Market, By Component
- UAE
- UAE Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- UAE Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- UAE Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- UAE Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- UAE Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- UAE Healthcare Analytics Market, By Component
- Kuwait
- Kuwait Healthcare Analytics Market, By Component
- Software
- Services
- Hardware
- Kuwait Healthcare Analytics Market, By Type
- Descriptive
- Predictive
- Prescriptive
- Kuwait Healthcare Analytics Market, By Application
- Clinical
- Financial
- Operational & Administrative
- Kuwait Healthcare Analytics Market, By Delivery
- Web-hosted
- Cloud-based
- On-premises
- Kuwait Healthcare Analytics Market, By End-use
- Life science Companies
- Healthcare Payers
- Healthcare Providers
- Kuwait Healthcare Analytics Market, By Component
- Middle East and Africa Healthcare Analytics Market, By Component
- North America
Healthcare Analytics Market Dynamics
Driver-Pressure to Curb Healthcare Cost
Rising healthcare cost is one of the crucial factors anticipated to positively impact the healthcare analytics market. Developing & developed regions are struggling to provide cost-effective and qualitative care services to the patient population. According to a WHO report, global healthcare spending was USD 7.8 trillion in 2017, which increased to USD 8.3 trillion in 2018. According to various reports, it was stated that approximately 70% of the geriatric population is expected to use some form of long-term care during their lifetime. Based on the abovementioned scenario, an average retired couple is anticipated to spend over USD 295,000 in healthcare over their retirement course. Moreover, political instability, economic stress, and lack of proactive initiatives may reduce healthcare funding. Despite the increasing healthcare funding and insurance programs, there has been a constant increase in healthcare expenditure in the U.S. It is higher than the global average and is anticipated to increase by 68.0% in the coming 10 years. With the help of healthcare analytics, providers are now able to offer the right treatment at an economical price, thereby leading to a reduction in overall healthcare expenditure.
Driver-Growing Demand for Personalized Medication and Treatment
Every person has a unique combination of the human genome. Although most of the time this variation does not affect the normal dosage regimen, it may have an impact in the long term. With the advent of data-enriched tools, such as mHealth, eHealth, Electronic Health Records (EHRs), & mobile applications, the communication gap between caregivers and patients has been reduced. These tools generate tremendous data, which can be used for personalized treatments. The volume of this data is increasing at a rate of 48% per year, according to the Healthcare Information and Management Systems Society (HIMSS) survey. In addition, the adoption of smart and wearable devices is growing rapidly, which, in turn, is creating additional patient-related data. Generally, patients may hesitate to use these tools, which might affect the implementation of analytics. However, with the combination of artificial and human intelligence data analytics, which offer wide opportunities to further customize medical approaches, the demand for these tools is anticipated to increase over the forecast period.
Restraint-Data Privacy and Theft Issues
Capturing patient-generated health data is one of the vital parts of patient records. Healthcare analytics involves the mass participation of end users, which may lead to a variety of new potential risks concerning data privacy and security issues. Security and confidentiality of collected data are of utmost importance. The growing incidence of data privacy and security issues is one of the key factors expected to hinder the growth of IoT in the healthcare market. According to the Office for Civil Rights at the Departments of Health and Human Services, there were approximately 199 protected health information breaches affecting over 7 million patient records in 2013. For instance, in February 2015, Anthem, Inc. was hacked, and the attack exposed over 80 million patient-protected health information. According to various reports, cases of data breaches in the U.S. have increased, from approximately 13 in 2008 to over 256 in 2013. As a result, there has been an increase in the incidence of privacy breaches, from 0.5 million to over 9 million in 2014. In addition, as per the 2021 statistics by Varonis, confirmed incidents of data breach concerning healthcare increased by around 58% in 2020.
What Does This Report Include?
This section will provide insights into the contents included in this healthcare analytics market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Healthcare analytics market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Healthcare analytics market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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